Angel CoFund backs upmysport with £1m funding round

02/06/2015

Sports training platform upmysport has raised £1 million a seed-funding round led by the Angel CoFund, the parties have announced.

The tech start-up has previously raised £150,000 under SEIS and the latest funding will be put towards further development of upmysport’s online and mobile offerings; along with supporting the development of strategic partnership opportunities.

One partnership upmysport has already secured is with the Dame Kelly Holmes Trust. As UK charity partner, the trust will give the company the opportunity to support underprivileged young people with their own active aims.

As part of the Angel CoFund investment, lead angel investor Christian Lorenzen has been appointed to the board as Chairman.

He is joined by fellow angel investor Ulrich Huber. Christian, former managing partner of Langholm Capital, has deep expertise in growing consumer brand businesses.